Tag results for: Saudi Arabia

Saudi Arabia Scaling Back Plans for ‘The Line’ Megacity

According to Bloomberg, Saudi Arabia has scaled back its ambitious plans for a futuristic megacity known as 'The Line', after it has faced a series of delays and additionally faces uncertainty regarding funding for the project. Saudi Arabia's Vision 2030 The Line is just one part, though the largest, of Saudi Arabia's 'Neom' project. Neom aims to diversify the Saudi economy...

Pakistani Prime Minister Meets with Saudi Crown Prince During Saudi Arabia Trip

Pakistani Prime Minister (PM) Shehbaz Sharif met with Saudi Crown Prince Mohammed bin Salman on April 7th after attending an iftar dinner in Makkah (Mecca). Sharif arrived in Saudi Arabia on April 6th for a three-day visit to the kingdom, his first foreign trip since his election to PM. The Bahraini PM and Crown Prince Salman bin Hamad bin Isa al...

Interest in the Restarting Production of the C-17 Ignites at World Defense Show

After the discontinuation of the production of the C-17 strategic transport aircraft due to a falling number of orders in 2013, five nations are expressing interest again in Boeing offering the airplane once more. This news was unveiled at the Saudi Arabia World Defense Show, where the president of Boeing hinted at the surrounding interest in the aircraft's relaunch....

Saudi Arabia to Acquire Wing Loong-10 Drone

Saudi Arabia purchased the export variant of the Wing Loong-10B jet-engine powered Unmanned Aerial Vehicle (UAV) during the World Defense Show 2024 that took place in Riyadh from February 4th–8th. China National Aero-Technology Import and Export Corporation (CATIC) confirmed the purchase, but some sources say that technology transfers to enable Saudi Arabia to produce the UAV were also part...

Saudi Arabia Adopts South Korean M-SAM-II SAM System

Saudi Arabia officially adopted the South Korean M-SAM-II SAM (Surface-to-Air-Missile) system in a $3.2 billion deal for 10 units on February 7th. South Korea will develop a new export variant, Active Electronic Scanned Array (AESA) radar, capable of operating under extreme conditions for a long duration, for the SAM system. This deal comes after the UAE adopted the M-SAM-II, which proved...

LATEST

Fintech CEO Arrested for Fraud, Argentina

Alejandro Muszak, the founder and CEO of Wenance, a financial technology company, was arrested on Monday on charges of fraud and criminal association after the company participated in an alleged "Ponzi scheme," which defrauded...

Qatar Reconsidering Gaza Mediation Role as Gaza’s Situation Worsens

Qatar's Prime Minister, Sheikh Mohammed bin Abdul Rahman Al Thani, has announced the nation is reconsidering its role as a mediator for Gaza ceasefire negotiations. Qatar has been central to negotiation processes, and their...

Official Date Set for ICJ Case Between Mexico and Ecuador

The International Court of Justice (ICJ) released a statement on Thursday stating that an official date for a court hearing regarding Ecuador's storming of a Mexican embassy has been scheduled. A Date Established: This follows Mexico's...